Business News

SMEDA making strategy for surgical,leather, cutlery sectors

  • SIALKOT, Oct 8 (APP): The Small and Medium Enterprises Development Authority (SMEDA) is preparing a strategy for promotion of surgical,leather and cutlery industries. This was said by General Manager Out Reach SMEDA Alamgir Chaudary while talking to APP on Saturday. He said the strategy would be finalised with an active consultation and suggestions of stakeholders. […]

  • Asian stocks rally as US economy picks up

    HONG KONG (APP/AFP) – Asian markets rose Thursday, led again by Tokyo as the dollar strengthened against the yen on growing expectations the US will hike interest rates by the end of the year. Another round of positive data out of Washington, this time on the key services sector, reinforced opinions that the world’s top […]

  • Tokyo shares open higher as yen drops further

    – Tokyo shares opened higher Thursday as positive US data pushed the yen lower, lifting Japanese exporters. The strong opening came after an advance on Wall Street Wednesday on news of an unexpected pickup in services sector activity. Tokyo’s benchmark Nikkei 225 index rose 0.56 percent, or 94.36 points, to 16,913.60 in the first minutes […]

  • Kerb currency market

    KARACHI, Oct 5 (APP): Following were the Opening Rates offoreign currencies in kerb market issued by the Forex Association ofPakistan (FAP), here on Wednesday.F.C. LOW RATE HIGH RATEU.S $ (Inter Bank) 104.55 104.60 U.S $ (Cash Free Market) 105.10 105.30 SAUDIA RIYAL 27.80 28.05 UAE DIRHAM 28.55 28.80 EURO 117.50 119.00

  • Tokyo shares up by break, exporters lifted by weak yen

    Tokyo shares up by break, exporters lifted by weak yen TOKYO, (MILLAT+APP/AFP) – Tokyo shares rose Wednesday morning, shaking off a fall on Wall Street, as a drop in the yen boosted the profit outlook for Japan’s exporters. The currency has been falling against the dollar following solid US manufacturing data and comments by Federal […]

  • Kerb

    Kerb currency market

    KARACHI, (MILLAT+APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.56 104.58 U.S $ (Cash Free Market) 105.00 105.20 SAUDIA RIYAL 27.70 27.90 UAE DIRHAM 28.45 28.65 EURO 117.00 118.00 UK POUND […]